Machino plastics Limited

@ffi

Registered Office & Plant:

3, Maruti J.V. Complex, Delhi-Gurgaon Road,
Haryana 122 015, India.

12th

e|

0 124-23 4121 8, 23

Fax: 0124-2340692

40806

CIN:L25209HR2003PLC035034
Email : admin@machino.com
Website: www.machino.com

November,2Ot6

The Executive Director

The Stock Exchange of Mumbai
PJ Tower, Dalal Street,

Mumbai-400001
Sub: Outcome of the Board Meeting held on 12tt'November,2016

We wish to inform you that pursuant to Regulation 33 of SEBI (Listing 0bligations and
Disclosure RequirementsJ Regulations, 2015, the unaudited financial results for the quarter
September 2016 have been approved by the Board of Directors of the Company
held
today.
in its meeting
ended on

3Oth

Please find enclosed herewith a signed copy of unaudited financial results

ended on 3Oft September,2016.

This is for your kind information and record.

Thanking you
For Machino Plastics Li

n-7,
_/

Saniiiw lindall
Managing Director

ri
H

for the quarter

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Machino Plastics Limited

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ABS Certificate No: 40683

IATF Certificate No: 28290

Registered Office & Plant

Plot No. -3 , Maruti Joint Venture Complex,

Udyog Vihar Phase lV, Gurgaon-122015, lndia

Part

E-mail : admin@machino.com
Website : www.machino.com

Tel. : 0124-2341218, 2340806

Fax : 0124-2340692

CIN

: L25209HR2003PLC035034

STATEMENT OF UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND THE HALF YEAR ENDED 30TH SEP 2016 (Rs. ln Lakhs)

Ouarter ended
Sr. No.

Pa

rticula rs

30Jun-16

30-5ep-15

30-Sep-16

30-Sep-15

(Unaudited)

(Unaudited)

(Unaudited)

(Unaudited)

(Unaudited)

Income from Operations

a) Net Sales

Revenue from Operations (net of excise duty and service tax)

bl other Ooeratins lncome

)

Half vear ended

30-Sep-16

Total lncome from Operations

6,703.70

5,622.03

5,21,3.24

i2,325.13

6.29

389

s.18

10.18

6,109.39

5.625.92

2r8.42

3.924.14

3,603.21

3,480.11

9,946 98
I

0.58

9.951.56

:XPenSeS
)) cost of material consumed

)) Changes in inventories offinished goods, WIP and stock-in-trade

r) Employee benefit expenses
l) Depreciation & amortisation expense
r) operation & Maintenance expense
') Other expense!
Total Expenses

)rofit / (Loss) from operation before other income, financial cost and exceptional
temsl1 2)

Ither lncome

A q7d

n)

170.101

15.50'

11 45

600.48

544.59

391.47

!,145.07

lag 46

246.19

274.72

758 05

560.91

521.77

675.15

589.21

473.59

L,264.36

457 57

648.58

551 06

451.09

1,199 64

877.99

5,051.11

11.709.48

9,561.88

6.315.73

7.528.05

181.55

392.66

233

(8.93

17

164.65

625.83

3S5 68

I.45

048

0.66

194

0.81

394.r2

233.65

165.31

627.77

396 49

26.27

L1

367.85

151.54

132.01

519.39

251.03

367.85

151.54

132.01

519.39

761 03

Profit/(Loss) from ordinarv activities before finance cost & exceptional items{3+4)

.5

Finance Costs

Profit/(Loss) from ordinary activities after finance cost but before exceptional items (!
6l

1OB

38

Exceptional items
9

)rofit/(Lossl from ordinarv activities before tax (718)

10

Tax Expense
- lncome Tax

I]
l2
13

14

Deferred Ta
Net Profit/(Loss) from ordinarv ativities after tax (9-10)
Extraordrnarv ltems {net ol tar cxpcnsps)
Net Profit/(toss) for the period {11-12)
other comprehensive lncome, net of lncome Tax
r) ltems that will not be reclassified to profit or loss
b) ltem' thdt will be reclassifled to profit or loss

15.91

16.97

82.33

53.90

42.02

(34.27)

95.92

{69 92

296.98

92.55

83.95

389.53

205.11

296.98

92.55

83.95

389.53

?o5

125 84

15
16

Total comprehensive lncome for the period (13r14)

Paid-up Equitv Share Capital (face value of Rs. 10/- each)

17

Reserves excluding revalution reserves as per balance sheet of previous acaounting

18i

296.98

92.55

513.68

513.58

a) Basic EPS {Rs.)

4.84

1.5',l

b) Diluted

4.84

1.51

r) Basic EPS {Rs.)

4.84

1.51

)) Diluted

4.44

1.s1

389.53
613.68

613.68

Earning per share {EPS) before Extraordinary items

EPs {Rs.)

6.35

!.37

6.35

(face value of Rs. 10/- each)

18 ii

:arning per share

(EPS)

after Extraordinary items

EPS (Rs.)

face value of Rs.

10/

each)

5.35
1.3

334

MACHINO PLASTICS LIMITED

Continuation Sheet

STATEMENT OF ASSETS AND LIABILITIES AS AT 3OTH SEPTEMBER,20T6

(Rs. ln Lakhs)
As at

Particulars

Half Year Ended

30.09.2016
Unaudited

ASSETS

Non-Current assets
Property, plant and equiPment
Ca pital work-in-progress
Other lntangible assets

9,237.53
935.92
0.06

Financial assets

lnvestment

125.00
37.81

Loans

Other non-current assets

Total non-current assets
lnventories
Financial assets
Trade receivables
Cash and cash equivalent

Other balances with banks

Other financial assets
Other current assets
Total current assets

0.60
10,336.92
790.20
3,240.72
420.96

2r.73
10.93

864.20

5,348.74

lTotal assets

15,685.66

EQUITY AND LIABILITIES

lrquity
I rquity share capital
I o*'"r. equity
lror"t Equity

613.68
5,610.01"

6,223.69

lli"uiti.i",
ton-.urr"nt liabilities
I

I rlnancial

liabilities

sorro*ing,

I provisions
(Net)
I o"f"rruO tax liabilities
lTotal non-current liabilities
lcrrr"nt liabilities
I Pinancial liabilities

I
I
I

gorro*ing,

rrro"

payables

4,204.65
10.13

316.96

4,53L.74

2,41"5.69

322.30

o,n"r. financial liabilities

1,443.09

I provisions
(Net)
I Curr"nt tax liabilities
I Other current liabilities

5.63

liabilities
Itotal current

153.06
590.47
4,93O.23

lroar, equity and liabilities

15,685.66

Continuation $heet

MACHINO PLASTICS LIMITED

NOTES:
The above unaudited financial results for the quarter ended 30th September, 2016 has reviewed by the audit committee and has taken on record by the

Boardof Directors intheirmeetingheldonl2thNovember,2016.TheStatutoryAuditorsoftheCompanyhavecarriedoutaLlmitedReviewoftheaforesald

res u lts;

The company has adopted lndian Accoutning Standards ("lnd AS") from 1st April, 2016 and accordingly these financial results have been prepared in
accordance with the recognition and measurement principles laid down in the lnd AS 34 lnterim Financial Reporting prescribed under Section 133 of the
Companies Act, 2013 read with the relevant rules issued thereunder and the other accounting principles generally accepted in lndia. Financial results for all
the periods presented have been prepared in accordance with the recognition and measurement principles of lnd AS 34

The lnd AS Compliant financial results for corresponding previous quarter and half year ended 30th September, 2015 have not been audited or reviewed by
Statutory Auditors and has been presented based on the information complied by management after exercisiE due diligence and making necessary lnd AS
adjustment to ensure a true and fair view of the results in accordance with lnd AS and as per exemption given in para 2.6.1 (ii) of the SEBI circular no.
ctR/cFD/FAC/62120L6 dated 05th July, 2016

ThelndAScompliantfinancial resultsforpreviousyearended3lstMarch,2016and'statementof assetsandliabilitiesfortheyear ended3lstMarch,2016

have not been provided, as per the exemption given in parc2.6.1, (iii) of the

SEBI

circular no. CIR/CFD/FAC/62/20L6 dated 05th July, 2016;

Reconciliation of Net profit for the quarter and half year ended 30th September, 2015 between lnd AS complaint results as reported above with results
previously reported (referred to as "Previous GAAP") are given below:

Description of GAAP adjustments

Sr#

Half Year

Quarter
ended
30 Sep 15

ended
30-Sep-15
206.47

Net Profit as per under Previous lndian GAAP

84.62

ii
a)
b)

lnd As Adiustments
Effect of accounting for loans at amortised cost using effective interest rate

(1.03)

(2.08)

0.36

o.72

ilt

Net Profit under lnd AS Complaint Financial Results

83.9s

205.11

83.95

205.11

Deferred taxes assets

Other comprehensive income

Total comprehensive income under lnd ASs
Prices fixed with customers are subject to revision;

The company is exclusively engaged in the business of manufacturing of plastic moulded parts for automotive, appliances and industrial application and allied
products, which is considered as the only reportable segment referred to in statement on Accounting Standard (AS) - 17 "Segmental Reporting". The
geographicai segmentation is not relevant, as there is inignificant export;

Previous period figures have been recast wherever considered necessary;

Place . GURGAON

Date : 12th November.2016